Economic analysis of forest joint-stock companies in the CzechRepublic in 1992–2000
V. Kupčákhttps://doi.org/10.17221/4675-JFSCitation:Kupčák V. (2003): Economic analysis of forest joint-stock companies in the CzechRepublic in 1992–2000. J. For. Sci., 49: 27-36.
The basic principle of the economic reform of state forests of the CzechRepublic after 1990 was to separate management in forests from the implementation of production activities. A state enterprise Forests of the Czech Republic with its headquarters in Hradec Králové was charged to manage state forests. From the former 7 enterprises of state forests 78 joint-stock companies have been established that carry out silvicultural and logging activities in state forests and in forests of other owners under the conditions of competition environment and on the basis of contracts. The paper deals with the exact evaluation of partial and present results of the development of forestry economic reform, aimed at the study of the behaviour of transformed and privatised forest joint-stock companies.Keywords:
forestry; economic reform; joint-stock companies; economic result; net profit; loss